Reinsurance News

AIG’s Robert Klepper joins AXA XL as CUO for short-tail insurance

18th June 2019 - Author: Matt Sheehan

AXA XL, the property & casualty and specialty risk division of AXA, has announced the appointment of Robert Klepper as Chief Underwriting Officer (CUO), Short Tail Insurance Lines.

robert-klepper-axa-xlHe joins AXA XL from AIG, where he has spent the previous seven years, having most recently served as President of Client Risk Solutions.

Klepper has more than 30 years’ experience in the re/insurance industry, including a number of senior global management positions across the U.S, Bermuda, UK and Asia-Pacific at companies including Torus Insurance and Swiss Re.

He also spent more than a decade at XL, where he worked as global product line manager for the company’s property, energy, construction fine art and specie insurance lines and risk engineering.

In his new role, Klepper will be responsible for developing core underwriting strategies and optimising product profitability for short tail insurance lines, including property, construction, and energy.

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He will work closely with business line leaders around the world to develop AXA XL’s growth strategy, while leveraging data and analytics to support underwriting profitability.

Klepper will report to Jason Harris, Chief Executive, Global Property & Casualty Insurance, who commented: “We’re pleased to welcome Bob and his 30 years of underwriting and management experience to our P&C underwriting operations.”

“Given his impressive underwriting track-record and his reputation for developing strong working relationships with reinsurers, brokers and clients, Bob is well suited for this new role,” Harris continued.

“Plus, Bob is no stranger to us. He’s spent more than a third of his career at XL where he developed and implemented a global strategy and underwriting practices that helped build a sizeable property portfolio. I’m confident his broad and global experience will be a great asset in helping us achieve our goals for our Global P&C insurance lines.”

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